TFE Hotels Wins Global Innovation Award
TFE Hotels’ innovative MM:NT Berlin Lab has been recognised on the global stage, with the team winning a Skift Hotel Innovation IDEA Award. The Skift IDEA Awards, announced late last…
Top 10 Trends in the Hospitality Industry in 2024
What are the latest trends in the hospitality industry? As a testament to its resilience, agility and innovative spirit, this article reflects today’s increasingly dynamic hospitality industry in terms of…
Accor Signs Three Hotels with Over 1,300 Keys in Singapore
Accor, a global leader in hospitality, continues its strong growth trajectory in Singapore with the signing of two new-build properties with three hotel brands set to open by 2027 with…
Ascott Secures 28 new signings year-to-date in Southeast Asia
The Ascott Limited (Ascott), the lodging business unit wholly owned by CapitaLand Investment (CLI), today announced 28 new signings year-to-date in Southeast Asia, adding over 3,400 units across its various…
From Stuttgart to South Africa, Here’s Where Hilton is Opening and Renovating This Season
As Hilton enters its fourth quarter, the hospitality company is continuing its expansion with brands entering new markets for the first time. Spark by Hilton, Hilton’s latest premium economy brand,…
A look at China’s economic data in August
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC).…
By 2026, Online Reservations Will Account for 65% of Travel Bookings
According to new research from Phocuswright, the global travel market has rebounded significantly, surpassing pre-pandemic levels with a 24% increase in gross bookings in 2023, reaching a total spend of…
What’s Driving Luxury Travelers In 2024, According To McKinsey
Travel is one of the world’s largest industries. According to McKinsey, $8.6 trillion will be spent on travel in 2024, representing roughly 9 percent of this year’s global GDP. And…
Hotel performance in 2024 – An unpredictable market with silver linings
So what are hoteliers doing to remain competitive in this climate, and what opportunities and challenges are they facing in the road ahead? In September 2024, I gathered over 20…
McKinsey: Now boarding: Faces, places, and trends shaping tourism in 2024
After falling by 75 percent in 2020, travel is on its way to a full recovery by the end of 2024. Domestic travel is expected to grow 3 percent annually…